A question.

[Scrumpy]

I was speaking to a man the other day .. My friend, his mother , had died suddenly and he was calling on me..

In our conversation Power of Attorney was mentioned..
He said that Power of Attorney is no longer valid when the person who has drawn it up dies..

My daughter Marnie is officially nominated as having Power of Attorney.. concerning my monies..
Does this mean that , should I die, It will no longer be effective.?
Thank you..

[JBR]

I'm afraid that I have no idea about this, though I would have thought that a lasting power of attorney would be exactly what is necessary if the person who draws it up dies.
Have a look here:
https://www.gov.uk/power-of-attorney

[klondike]

I'm wondering if you misunderstood what was said.

If the subject of a POA dies then the POA dies with them because thereafter control of the finances passes to the executors of the will.

[muddy]

I'm afraid that I have no idea about this, though I would have thought that a lasting power of attorney would be exactly what is necessary if the person who draws it up dies.
Have a look here:
https://www.gov.uk/power-of-attorney

it is as Klondike says 
The POA dies  with the person .
The executor takes over .
That is why it is important to have a will in place as well.

[Scrumpy]

Thank you very much..
 I understand now... Everything is covered in my will..

[JBR]

Thank you both.  I did misunderstand.  I was somehow under the impression that if a person arranged for a lasting power of attorney, then dies, the intentions of that person who arranged it would be carried out by the person responsible for dealing with it, presumably the executor.

Doesn't matter, though.  I'm leaving all my riches to Marge.